Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 2.69% | +1.22 | 1.47% |
| Return on Equity (%) | ▲ | 22.62% | +9.47 | 13.15% |
| Net Interest Margin (%) | ▲ | 4.00% | +0.38 | 3.63% |
| Efficiency Ratio (%) | ▲ | 30.96% | -15.86 | 46.82% |
| Pre-Provision Profit ($M) | ▲ | $2 | +0.80 | $2 |
| Cost of Funds (%) | ▲ | 1.29% | -0.15 | 1.43% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $353 | +36.34 | $317 |
| Gross Loans ($M) | ▲ | $166 | +18.83 | $147 |
| Loan Growth YoY (%) | ▲ | 53.40% | +1.08 | 52.33% |
| Total Deposits ($M) | ▲ | $308 | +30.32 | $277 |
| Shareholders Equity ($M) | ▲ | $43 | +5.71 | $38 |
| Tang. Book Value ($M) | ▲ | $43 | +5.71 | $38 |
| TBV excl. AOCI ($M)** | ▲ | $51 | +6.88 | $44 |
| Loan / Deposit Ratio (%) | ▲ | 53.40% | +1.08 | 52.33% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.71% | -0.12 | 0.83% |
| Allowance / Loans (%) | — | 1.11% | -0.38% | 1.49% |
| Net Charge-Off Ratio (%) | ▲ | 1.51% | -0.27 | 1.78% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▂▄▆▆▇██ | Net Interest Margin (%) | 2.96% | 3.14% | 3.44% | 3.63% | 3.73% | 3.83% | 3.88% | 4.00% |
| ▁▁▂▃▁▂█▇ | Return on Assets (%) | 1.03% | 0.90% | 1.36% | 1.47% | 1.12% | 1.22% | 3.06% | 2.69% |
| ▇█▆▅▅▆▁▂ | Efficiency Ratio (%) | 52.3% | 60.1% | 47.4% | 46.8% | 45.9% | 48.8% | 25.5% | 31.0% |
| ██▅▆▄▅▁▃ | Cost of Funds (%) | 1.52% | 1.55% | 1.38% | 1.43% | 1.34% | 1.37% | 1.19% | 1.29% |
| ███▆▁▂▁▅ | NPA / Assets (%) | 0.93% | 1.02% | 0.95% | 0.83% | 0.33% | 0.42% | 0.28% | 0.71% |
| ███▇▁▂▁▅ | Net Charge-Off Ratio (%) | 1.98% | 2.07% | 2.10% | 1.78% | 0.70% | 0.90% | 0.63% | 1.51% |
| ▁▁▂▄▄▅▇█ | Tang. Book Value ($M) | $34 | $34 | $36 | $38 | $38 | $40 | $41 | $43 |
| ▂▄▂▁▄▄▅█ | Gross Loans ($M) | $151 | $156 | $150 | $147 | $155 | $156 | $158 | $166 |
| ▂▁▄▁▃▃█▆ | Total Deposits ($M) | $286 | $281 | $293 | $277 | $289 | $289 | $318 | $308 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 80% |
| C&I / Commercial | 11% |
| Agricultural | 5% |
| Consumer | 3% |
| Other | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 23% |
| Interest-Bearing (core) | 72% |
| Brokered / Other | 5% |